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Representative Finance Example
Product
Hire Purchase
Cash Price
£7,290.00
Total Deposit
£729.00
Total Amount of Credit
£6,561.00
First Payment
£182.79
42 Monthly Payments
£182.79
Final Payment
£183.79
Agreement Duration
44 months
Admin Fee
£0.00
Option to Purchase Fee
£1.00
Interest Charges
£1,482.76
Total Amount Payable
£8,772.76
Annual Fixed Interest Rate
11.90%
Representative APR
11.90%
Product
Hire Purchase
Cash Price
£7,290.00
Total Deposit
£729.00
Total Amount of Credit
£6,561.00
First Payment
£182.79
42 Monthly Payments
£182.79
Final Payment
£183.79
Agreement Duration
44 months
Admin Fee
£0.00
Option to Purchase Fee
£1.00
Interest Charges
£1,482.76
Total Amount Payable
£8,772.76
Annual Fixed Interest Rate
11.90%
Representative APR
11.90%
Product
Hire Purchase
Cash Price
£7,290.00
Total Deposit
£729.00
Total Amount of Credit
£6,561.00
First Payment
£182.79
42 Monthly Payments
£182.79
Final Payment
£183.79
Agreement Duration
44 months
Admin Fee
£0.00
Option to Purchase Fee
£1.00
Interest Charges
£1,482.76
Total Amount Payable
£8,772.76
Annual Fixed Interest Rate
11.90%
Representative APR
11.90%